Ord89 1987 - Laserfiche WebLink

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., * * COP Y * * * '" .. I( , E.~ H ~' C)~'Ç AMENDMENT TO CONTRACT ~ BETWEEN THE ~~~~ BOARD OF ADMINISTRATION ~ OF THE ~(j PUBLIC EMPLOYEES' RETIREMENT SYSTEM fj'\ . AND THE !) ~ CITY COUNCIL i~ OF THE .(. ~ CITY OF REDWOOD CITY ~\..\.... The Board of Administration, Public Employees' Retirement System, hereinafter referred to as Board, and the governing body of above public agency, hereinafter referred to as Public Agency, having entered into a contract effective July 1, 1941, and witnessed July 11, 1941, and as amended effective July 1, 1954, August 1, 1959, January 1, 1967, April 1, 1969, July 1, 1971 , September 1, 1971, September 28, 1973, December 1, 1975, November 1, 1976, July 1, 1979 and February 1, 1980, .which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 10 are hereby stricken from said contract as executed effective February 1, 1980, and hereby replaced by the following paragraphs numbered 1 through 11 inclusive: l. All words and terms used herein which are defined in the Public Employees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided. "Normal retirement age" shall mean age 60 for local miscellaneous members and age 50 for local safety members. 2. Public Agency shall participate in the Public Employees' Retirement System from and after July 1, 1941 making its employees as hereinafter provided, members of said System subject to all provisions of the Public Employees' Retirement Law except such as apply only on election of a contracting agency and are not provided for herein and to all amendments to said Law hereafter enacted except those, which by express provisions thereof, apply only on the election of a contract- ing agency. 3. Employees of Public Agency in the following classes shall become members of said Retirement System except such in each such class as are excluded by law or this agreement: a. Local Fire Fighters (herein referred to as local safety members); b. Local Police Officers (herein referred to as local safety members); l. Local Police Officers shall include individuals defined by Section 20020 of the Government Code prior to its amendment at the 1975-76 Regular Legislative Session, effective January 1, 1976, employed by Public Agency prior to such amendment; 1987 _.__..._.